TRON slashes network fees by 60%, sparking price drop and positive outlook

TRON has made a major move to increase user adoption and transaction volumes by slashing network fees. The blockchain’s founder, Justin Sun, announced a historical 60% reduction in transaction costs that will take effect on August 29th, 2025. This reduction was approved by the TRON Super Representative Community, according to Justin Sun himself. He sees this change as a strategic move to attract more users and boost volume, even while potentially affecting short-term profitability. The initial market reaction saw a temporary dip of around 3.6% in TRX prices.